Blogs

 They only talk about the 'cheap' student loans.

When media and government discuss student loans, they usually talk as if there’s only one type. The one with the lowest price-tag – that’s what gets covered.

Not the more expensive ones, even though that’s what many Canadian students are stuck with.

Right now, what’s cheapest is the ‘variable’ (floating) student loan. And you don’t hear much about fixed-rate student loans.

 
I like to mix up our blog topics. But we need to return to this student loan interest theme because it’s costing Canadian students billions.
 
Let’s do the math.
 

 
Remember when I reported Manitoba’s latest cut in student loan interest rates?
 
Guess I’m still thinking about it. Because I'm wondering how much of a role student lobbying played in that rate-cut.
 
Which of course, to students is best described in another word spelled m-o-n-e-y.  
 

  
Umm, I don’t mean grace, like at the dinner table. Though it’s surely as sincere in Manitoba as it would be anywhere else.
 
No, I mean those student-loan ‘grace periods’ after you graduate.

  
 
Manitoba students, you just found a lot of money in your pockets! That's the payoff as your province continues to cut interest rates on its student loans.
 

 
In today’s “Daily,” Statistics Canada reported what students and their parents kinda know: education costs are still rising much faster than inflation. 
 
With recent low economic growth, inflation has not gone up much in recent years. Between July 2011 and July 2012, it rose by just 1.3 per cent.